Net Sales are expected to increase by 4.8 percent Q-o-Q (up 24.3 percent Y-o-Y) to Rs. 2,064.9 crore, according to Kotak.
Kotak has come out with its fourth quarter (January-March’ 19) earnings estimates for the IT Services sector. The brokerage house expects Mphasis to report net profit at Rs. 268.8 crore may dip 3.3% quarter-on-quarter (up 26.7% year-on-year).
Net Sales are expected to increase by 4.8 percent Q-o-Q (up 24.3 percent Y-o-Y) to Rs. 2,064.9 crore, according to Kotak.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 3.7 percent Q-o-Q (up 26.3 percent Y-o-Y) to Rs. 342.8 crore.
Disclaimer: The views and investment tips expressed by investment experts on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.
Read More
